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Below is a time-delayed excerpt from our live updates for members.
Updates 11:28 AM EST - Thursday 7/9/20
$VIX is intent on rising up further. It turned out that $VIX wild gyration pre-market was a warning that $VIX was about to surge.
We closed out our TZA trade at 22.5 which was obviously too early. It was still a profitable 11% trade.
Updates 9:44 AM EST - Thursday 7/9/20
The selling is happening as we projected. So we are using this opportunity to exit TZA.
Updates 9:21 AM EST - Thursday 7/9/20
$VIX gyrated wildly early this morning, making it hard to predict the next move. For now, $VIX appears to be ready to rise at open, possibly to reach 29.3. But it is likely to drop down from there.
This means that after some possible selling at open, we may see $SPX $NDX IWM rising up for a good part of the day.
We don't have high confidence in these projections because $VIX is not giving us a clear message right now.
Updates 12:01 AM EST - Thursday 7/9/20
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